Lakewood, CO 80226,847 S Depew St

$650,000

$650,000

Est.Price: ?

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Est. payment /mo

4 Beds

2 Baths

2,160 SqFt


SOLD DATE : 12/22/2023

Key Details

Sold Price $650,000

Property Type Single Family Home

Sub Type Income Property

Listing Status Sold

Purchase Type For Sale

Square Footage 2,160 sqft

Subdivision Belmar

MLS Listing ID 7026232

Sold Date 12/22/23

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 2,160

Originating Board REcolorado

Year Built 1974

Annual Tax Amount $2,800

Lot Size 0.290 Acres

Acres 0.29

Property Description

Calling all INVESTORS!!! CAP RATE of 6.75!!!!! This investment opportunity is ready to produce income with NO additional capital expenditures! Recently Renovated duplex in Lakewood! Update includes: kitchens, bathrooms, floors and paint!
The 847 unit is 2 bedroom and 1 bathroom with in-unit laundry. Current rent is $2,195 with lease expiring 6/30/24.
The 845 unit is 2 bedrooms and 1 bathroom with in-unit laundry. Current rent is $2,295 with lease expiring 5/20/24.
This opportunity is perfect for an investor looking for long-term rental income and in the future potential options for short term rental income (Airbnb, VRBO, VACASA). Easy to manage asset. INTERESTED IN MORE INCOME? The property across the cul-de-sac is also FOR SALE (877-875 S Depew St. - See photos). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent. Photos are of 1 unit, ALL have been UPDATED!

Location

State CO

County Jefferson

Area Metro Denver

Interior

Heating Forced Air

Cooling Evaporative Cooling

Appliance Dishwasher, Disposal

Exterior

Garage Spaces 2.0

Roof Type Composition

Building

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Brick/Brick Veneer,Vinyl Siding

New Construction false

Schools

Elementary Schools Deane

Middle Schools Alameda Int'L

High Schools Alameda Int'L

School District Jefferson County R-1

Others

Senior Community false

SqFt Source Assessor

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Information and Real Estate Services (IRES)
Listed by steve@cohomeorinvest.com,1 303-590-8537
Bought with Keller Williams 1st Realty

GET MORE INFORMATION

Nicole And Alysia Clements

Realtor | Lic# 3002201

+1(970) 430-9451

9800 Pyramid Ct Ste 400, Englewood, CO

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